EA Reports Declining Revenue and Bookings Amid Underperformance of Key Titles

EA Sports FC 25 and Dragon Age: The Veilguard failed to meet expectations, leading to revised forecasts and strategic shifts.

Electronic Arts reported Q3 revenue of $1.88 billion, a 3% year-over-year decline, and net bookings of $2.22 billion, down 6%.
EA Sports FC 25 saw early success but struggled with player retention and engagement, prompting a major gameplay update in January.
Dragon Age: The Veilguard underperformed significantly, with player engagement nearly 50% below expectations, leading to layoffs at BioWare.
Live services revenue, which constitutes 74% of EA's business, declined by 8% year-over-year, driven by weaker-than-expected in-game spending.
EA announced a $1 billion accelerated stock repurchase plan and expressed confidence in returning to growth in fiscal year 2026 with upcoming titles like Battlefield and EA Sports College Football 26.